Netflix plans to cut spending by $300 million this year - WSJ
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Soros exits Tesla (TSLA), reduces Rivian (RIVN) stake after 90% drop from peak
May 15, 2023 8:50 AM EDTSoros Fund Management, the family office of George Soros, cut its holdings in Rivian Automotive (NASDAQ: RIVN) following the electric automakers 90% share decline from its intraday peak in November 2021. The billionaire also slashed its $16 million stake in Tesla (NASDAQ: TSLA), effectively eliminating their investment in the EV giant.
Soros purchased... More
Netflix (NFLX) plans to reduce spending by $300m this year according to report
May 12, 2023 1:21 PM EDTNetflix (NASDAQ: NFLX) is planning on reducing spending by $300 million in 2023, according to a report from The Wall Street Journal on Friday.
It states that people familiar with the matter told the streaming giant is continuing its push to improve... More
